SiBAN supports SEC’s plan to clamp down on ponzi schemes.

• SiBAN
• March 10, 2020

With the high prevalence of Ponzi schemes out there, SiBAN is commending the efforts of the Securities and Exchange Commission. The SEC has saddled itself with the responsibility of tracking Ponzi schemes and plans to clamp down on them soon.  The SEC described the scheme as “money doubling.” However, a number of illegal fund managers